Ava Mayfair Ltd

Ava Mayfair Ltd, based in Mexborough, UK, is a small, active company founded five years ago. With four employees and £333,222 in assets, it operates as a solo-founder venture with a single director and owner. The company runs an e-commerce site and irregularly imports glass and glassware, with the last import activity recorded two months ago in July 8 2024. It's a real address, with only four companies registered at the same location.

The company’s website is not available, so it’s difficult to know exactly what they’re selling. However, they operate in the retail sale of cosmetic and toilet articles in specialised stores.

Financially, Ava Mayfair Ltd presents a mixed picture. While current assets increased by 17% to £330,000, net assets decreased by 39% to -£280,000. Bank borrowings increased by 73% to £550,000, and cash reserves fell 15% to £34,000. Creditors decreased by 42% to £56,000, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company’s average number of employees increased by 25% to five. No auditor is mentioned, likely exempt as a small company, so the figures rely on unaudited statements.

The increase in bank borrowings and decrease in equity suggest the company is burning through cash, which could be due to increased investment in the e-commerce site or marketing efforts. It’s also possible that the company is facing challenges in its import operations, which could be impacting its profitability.

Registered in England/Wales under the registration number 12064782, with a registered address at S64 8BH, England, Mexborough, South Yorkshire, Unit E, Swinton Bridge Industrial Estate Whitelee Road, Swinton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.